The New Jersey Supreme Court lifted a foreclosure ban on Ally Financial this week, removing the last state barrier for mortgage servicers to fully resume operations a year after their widespread "robosigning" procedures came to light.

The court allowed GMAC Mortgage, a subsidiary of Ally's Residential Capital mortgage arm, to resume foreclosures in New Jersey a month after it gave a green light to five other major mortgage servicers. New Jersey was the last state to lift a ban on foreclosures after last year's robosigning scandal, when the nation's largest servicers (typically banks) were found to be cutting corners in processing thousands of documents.

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